Category Archives: Italy

Press Releases & News from Italy distributed via EuropaWire

The EXOR Group reports €1,671.8 million consolidated profit in 1st Half 2013 Results

Turin, Italy, 02-9-2013 — /EuropaWire/ — The EXOR board of directors’ meeting, chaired by John Elkann, met today in Turin and approved the consolidated results for first half of 2013. At June 30, 2013 EXOR’s Net Asset Value (NAV) is €8,533 million. This … Read the full press release

Enel Green Power wins auction for three energy supply contracts with wind projects located in the Brazilian state of Bahia

Enel Green Power has been awarded three energy supply contracts with wind projects located in the Brazilian state of Bahia. These projects will add a further 88 MW to the 313 MW of wind projects Enel Green Power obtained in … Read the full press release

Fitch affirmed Assicurazioni Generali SpA’s IFS rating at ‘A-‘

Positive conclusion to the review of Generali’s debt ratings by all the main rating agencies, following the creation of Generali Italia 29-8-2013 — /EuropaWire/ — Trieste – Fitch has affirmed Generali’s IFS rating at ‘A-‘ (outlook negative). The rating agency also affirmed … Read the full press release

EC endorses Italian control measures to combat highly pathogenic avian influenza outbreaks in Emilia-Romagna poultry farms

27-8-2013 — /EuropaWire/ — A decision confirming the risk areas set up by the Italian authorities in relation to the outbreaks of highly pathogenic avian influenza in poultry farms located in Emilia-Romagna was today adopted by the Commission. At the extraordinary meeting … Read the full press release

Brembo SpA acquires remaining 30% stake in Brembo Nanjing Brake Systems Co. for €11M from Donghua Automotive Industrial China

26-8-2013 — /EuropaWire/ — Brembo now owns 100% of Brembo Nanjing Brake Systems Co. Ltd as a result of the acquisition of the remaining 30% stake from the Chinese partner Donghua Automotive Industrial Co. Ltd, for a total consideration of RMB 90 million (about … Read the full press release

The Salini Impregilo Group led consortium of Italian construction companies to build the first section of the new Libyan coastal motorway in €963M worth of contract

Rome – Milan, 26-8-2013 — /EuropaWire/ — The Salini Impregilo Group, leader of a consortium of Italian companies including “La Società Italiana per CONDOTTE d’Acqua” “Impresa Pizzarotti & C.”and  “Cooperativa Muratori & Cementisti – C.M.C” will construct the first section of the new Libyan … Read the full press release

Eni’s Versalis signed strategic partnership with Neville Venture for hydrocarbon resins production at Versalis Priolo plant

These new, high added-value productions, synergetic in particular with the elastomer business, will be used in specialty applications such as adhesives, inks, coatings and rubber. San Donato Milanese, 20-8-2013 — /EuropaWire/ — Versalis (Eni) has signed a strategic partnership agreement with Neville … Read the full press release

Eni’s CEO Paolo Scaroni met with The President of the Republic of Congo, Denis Sassou Nguesso

During the meeting, Paolo Scaroni, along with Claudio Descalzi, COO of Eni E&P, commented with the President of the Republic the recent Nenè Marine discovery and discussed the role that gas will play in the economic and industrial development of … Read the full press release

Anti – money laundering agreement signed between Autorità di Informazione Finanziaria of Holy See/Vatican City State and Unità di Informazione Finanziaria per l’Italia

13-8-2013 — /EuropaWire/ — On the 26th of July 2013 Autorità di Informazione Finanziaria of Holy See/Vatican City State (AIF) and Unità di Informazione Finanziaria per l’Italia (UIF) signed a Memorandum of Understanding to allow reciprocal cooperation for the prevention of … Read the full press release

Successo nel Campionato Mondiale in Bulgaria per le Energie Alternative dell’Abarth 500 degli italiani Massimo Liverani e Fulvio Ciervo dell’Eco Motori Racing Team

Un successo che rafforza il primato del pilota e di Abarth nella classifica iridata del Campionato Mondiale Energie Alternative L’Eco Motori Racing Team si conferma competitivo con Liverani anche nelle difficili prove a media bulgare Ancora un 2° posto per … Read the full press release

Fiat Group Automobiles reported its Fiat-Chrysler July 2013 sales

Turin, 05-8-2013 — /EuropaWire/ — Fiat Group Automobiles reports July sales in Italy of 31,400 vehicles, with share increasing 170 basis points over the June level to 29.2%. For the year to July, sales totaled nearly 245,000 vehicles with market share … Read the full press release

Kuwait Air Force students completed 6-month training course at the Electronic Warfare Operational Support (EWOS) facility of Selex ES

29-7-2013 — /EuropaWire/ — Members of the Kuwait Air Force have just completed a six month training course at the Electronic Warfare Operational Support (EWOS) facility of Selex ES, a Finmeccanica company. The course transferred the essential knowledge and skills that … Read the full press release

The Piaggio Group released its H1 2013 results, consolidated net sales €671.5M

Consolidated net sales € 671.5 million (€ 764.1 mln in H1 2012) Ebitda € 100.6 million (€ 114.4 mln in H1 2012) Ebitda margin 15.0% (identical to H1 2012) Gross industrial margin € 207.3 mln (€ 236.3 mln in H1 … Read the full press release

Decisions made on Banca Monte dei Paschi di Siena’s extraordinary and ordinary shareholders’ meeting

Amendments to the Articles of Association approved:- removal of share ownership ceiling of 4%; – introduction of a maximum limit of two consecutive terms after the first mandate for members of the Board of Directors with the exception of the outgoing Managing … Read the full press release

Thales Alenia Space delivered its 2nd Pressurized Cargo Module (PCM) to Orbital Sciences Corporation for Cygnus spacecraft integration

New commercial cargo vehicle for the International Space Station gears up for operation Turin, 24-7-2013 — /EuropaWire/ — Thales Alenia Space has delivered its second Pressurized Cargo Module (PCM) to Orbital Sciences Corporation (NYSE: ORB) for integration in the Cygnus spacecraft … Read the full press release

Kering completed Italian jewelry group Pomellato acquisition

18-7-2013 — /europawire.eu/ — Kering announced today that it has completed the acquisition of a majority stake in the Pomellato group, in accordance with the terms announced on 24 April, 2013, after having received clearance from the antitrust authorities. About Kering … Read the full press release

Kering – YOOX joint venture stores successfully launched

Paris – Milan, 18-7-2013 — /europawire.eu/ — The online stores of all the six brands included in the joint venture established in August 2012 by Kering (then PPR) and YOOX were successfully launched by 30 June 2013, marking the first important … Read the full press release

Cassa depositi e prestiti, SACE, BNPP AND HSBC to provide € 300M loan to South African energy public utility company Eskom Holdings SOC Limited

The credit line will be used for the construction of underground works related to the pump storage power plant of Ingula Rome, 18-7-2013 — /europawire.eu/ — Cassa depositi e prestiti (CDP), SACE, BNP Paribas Corporate and Investment Banking and HSBC Bank … Read the full press release

KfW and Cassa Depositi e Prestiti cooperate on export finance, strategic controlling and municipal finance

Main areas: export finance, strategic controlling and municipal finance Agreement on staff exchanges  18-7-2013 — /europawire.eu/ — Today (2013-07-11) Franco Bassanini, Chairman, and Giovanni Gorno Tempini, Chief Executive Officer at Italy’s Cassa Depositi e Prestiti (CDP), and Dr Ulrich Schröder, Chief … Read the full press release

UniCredit announced it has won five prestigious awards attributed by Euromoney at official ceremony in London

Milan, 17-7-2013 — /europawire.eu/ — UniCredit has won five prestigious awards attributed by Euromoney, one of the leading international business magazine worldwide. The 2013 Euromoney’s Awards for Excellence were announced last night during an official ceremony in London. UniCredit was named: -Best Bank in … Read the full press release